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15 questions from this quiz
Sustained increase in general price level
Sustained decrease in general price level
Rising prices at slower rate than before
Extremely rapid out-of-control inflation
Excess demand in the economy
Falling prices lead to lower output & jobs
Zimbabwe late 2000s and Germany 1920s
2%
Mortgage interest payments
Values measured in current prices
(CPIfinal−CPIinitial)/CPIinitial×100(CPI_{final} - CPI_{initial})/CPI_{initial} \times 100(CPIfinal−CPIinitial)/CPIinitial×100
In disinflation prices still rise slowly
Monthly
RPI is typically higher than CPI
Helps maintain predictable decisions
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